With a drier-than-normal growing season on the horizon for parts of farm country, a fully functioning irrigation system is a must. The latest Drought Monitor shows exceptional drought in parts of Texas and New Mexico.
The Farm Monitor gives us a look at how farmers in Georgia are getting their systems ready.
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The IRS recently issued its 2024 guidance on the extended replacement period for drought (and other weather-related) livestock sales. RFD-TV Ag Legal & Tax expert Roger McEowen discusses the IRS’ extension of the replacement period for livestock sold due to weather-related conditions.
Both imports and exports are moving through the Panama Canal at a slower pace as the ag industry continues to deal with drought-related restrictions.
According to the latest Cattle on Feed report, drought brought placement numbers lower.
